Tailcom Micro: Issuance of shares for asset acquisition, some insiders have engaged in stock trading. (Note: This translation may not be perfect as the original text seems to contain some specific terms related to a company's financial activities)
Teling Micro announced that the company plans to issue shares and pay cash to purchase 100% equity of Shanghai Panqi Microelectronics and raise matching funds. The self-examination period is from February 23, 2025 to January 27, 2026, and the verification objects include the company and related personnel. The self-examination shows that Gong Haiyan and Li Xiang, among others, had stock transactions during this period. Li Xiang and three others, as well as Gong Haiyan and two others, issued commitment letters stating that the transactions were unrelated to this restructuring and were not insider trading. The lawyers believe that, under the premise of the related commitments being true and complete and being fulfilled, the trading behavior of the verification objects does not constitute insider trading and does not affect this transaction. No other verification objects had transactions.
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